Equities research analysts expect that Microsoft Co. (NASDAQ:MSFT) will announce sales of $32.72 billion for the current quarter, Zacks Investment Research reports. Twelve analysts have made estimates for Microsoft’s earnings. The lowest sales estimate is $32.55 billion and the highest is $33.30 billion. Microsoft posted sales of $30.09 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 8.7%. The company is scheduled to issue its next earnings report on Thursday, July 18th.

On average, analysts expect that Microsoft will report full-year sales of $124.84 billion for the current year, with estimates ranging from $124.67 billion to $125.43 billion. For the next financial year, analysts expect that the firm will report sales of $138.10 billion, with estimates ranging from $136.67 billion to $139.50 billion. Zacks’ sales calculations are an average based on a survey of sell-side research firms that that provide coverage for Microsoft.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, April 24th. The software giant reported $1.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.14. Microsoft had a net margin of 28.58% and a return on equity of 39.34%. The business had revenue of $30.57 billion for the quarter, compared to the consensus estimate of $29.86 billion. During the same quarter in the prior year, the firm posted $0.95 earnings per share. The business’s revenue for the quarter was up 14.0% on a year-over-year basis.

A number of research analysts have recently commented on the stock. KeyCorp restated a “buy” rating and issued a $143.00 price target on shares of Microsoft in a report on Tuesday, June 11th. Wedbush restated an “outperform” rating and issued a $155.00 price target on shares of Microsoft in a report on Thursday. Goldman Sachs Group restated a “buy” rating and issued a $131.00 price target on shares of Microsoft in a report on Thursday, April 18th. ValuEngine upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a report on Monday, April 1st. Finally, JPMorgan Chase & Co. upped their price target on shares of Microsoft from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-five have assigned a buy rating and three have given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $135.75.

Shares of NASDAQ MSFT traded up $0.13 during mid-day trading on Friday, reaching $132.45. The company had a trading volume of 17,759,398 shares, compared to its average volume of 21,978,830. The company has a current ratio of 2.97, a quick ratio of 2.93 and a debt-to-equity ratio of 0.70. The stock has a market cap of $1,014.94 billion, a PE ratio of 34.14, a PEG ratio of 2.33 and a beta of 1.22. Microsoft has a 52 week low of $93.96 and a 52 week high of $134.24.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.39%. The ex-dividend date is Wednesday, August 14th. Microsoft’s payout ratio is 47.42%.

In other news, EVP Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $126.02, for a total value of $630,100.00. Following the sale, the executive vice president now directly owns 144,934 shares in the company, valued at approximately $18,264,582.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Bradford L. Smith sold 192,300 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $130.34, for a total transaction of $25,064,382.00. Following the completion of the sale, the president now owns 754,442 shares in the company, valued at $98,333,970.28. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 216,247 shares of company stock worth $28,204,754. 1.38% of the stock is owned by company insiders.

Several large investors have recently added to or reduced their stakes in MSFT. Merit Financial Group LLC raised its position in shares of Microsoft by 1.4% in the 1st quarter. Merit Financial Group LLC now owns 5,822 shares of the software giant’s stock valued at $686,000 after purchasing an additional 82 shares during the last quarter. Pachira Investments Inc. raised its position in shares of Microsoft by 4.4% in the 4th quarter. Pachira Investments Inc. now owns 2,297 shares of the software giant’s stock valued at $233,000 after purchasing an additional 97 shares during the last quarter. Shine Investment Advisory Services Inc. raised its position in shares of Microsoft by 1.0% in the 4th quarter. Shine Investment Advisory Services Inc. now owns 10,004 shares of the software giant’s stock valued at $1,016,000 after purchasing an additional 99 shares during the last quarter. Northwest Quadrant Wealth Management LLC raised its position in shares of Microsoft by 2.7% in the 3rd quarter. Northwest Quadrant Wealth Management LLC now owns 3,847 shares of the software giant’s stock valued at $430,000 after purchasing an additional 102 shares during the last quarter. Finally, Conservest Capital Advisors Inc. raised its position in shares of Microsoft by 5.2% in the 4th quarter. Conservest Capital Advisors Inc. now owns 2,082 shares of the software giant’s stock valued at $211,000 after purchasing an additional 102 shares during the last quarter. Institutional investors and hedge funds own 72.10% of the company’s stock.

Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Earnings History and Estimates for Microsoft (NASDAQ:MSFT)

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